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Cash-flush Silvercorp buys China mine number seven

Frik Els | November 21, 2011 | 4:00 pm Base Metals Precious Metals China Europe Gold Lead Silver Zinc 

Emerging from a short and distort saga awash in cash, Silvercorp Metals on Monday announced the acquisition of SX Gold, a mining concern controlled by the Luoyang city government in northeastern China's Henan province for $22.7 million. Earlier this month...

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